Dow Jones the Big Winner

Dow Jones the Big Winner

Currencies

USD

The dollar seems to be trading higher on all fronts this morning. The U.S. currency is showing more decisiveness today than it has been showing in previous trading days. The EUR/USD pair is lower this morning by 0.3 percent at $1.3647. The AUD/USD forex pair is down at the moment by 0.57 percent at the 89.17 U.S. cents level. More gains for the greenback may be on the cards in the hours ahead.

EUR

The euro is losing ground this morning. Its biggest losses have been versus the pound and the dollar. Traders are of the view that it is better for them to ditch the euro in the latest round of trading. This comes as global economic data is just not convincing enough at the moment. Therefore, be prepared for there to be bigger losses for the EUR.

GBP

The pound sterling is mixed at the moment. It is true that it has lost a lot of ground versus the greenback. However, it is important to take into account that its losses versus the greenback are more owed to the dollar’s strength than the pound’s weakness. The GBP/USD currency pair is currently lower by 0.23 percent at the $1.6632 level. It may be that the GBP will continue its slide into the abyss, as the trading day drags on, so be very prepared for this.

Stocks/Indices

U.S. stocks were mixed to lower yesterday, as traders just have not been as confident following the weakness which we saw in Asian stocks. There has not been enough to post positive economic data published from the global economy lately, which is why traders have stayed on the sidelines to a certain extent.

The Dow Jones was actually a big winner yesterday, as it advanced 0.12 percent to 16,198.41. The Nasdaq Composite Index rose 0.1 percent to 4,292.06.

There will be a god amount of economic data published from the news wires in the next few hours of trading. This will be key in driving stock prices later.

Commodities

Crude Oil

Crude oil made some very impressive gains during yesterday’s trading session. Investors felt that it was worth it for them to go long on the black gold, as it has been a touch undervalued. The good news is that the commodity advanced the most in a week yesterday. Also, the commodity is lower this morning by about 8 cents. However, there may end up being much bullishness of the commodity in afternoon trading. Therefore, get ready to open daily Calls in in the commodity.

Gold

We are seeing much strength for gold this morning. It is trading higher as of now by $4.50, as traders feel that it is worth it for them to go long on the commodity. This is as there is simply a lack of alternative assets to invest in this Thursday morning. The gains come for the commodity, even though the Federal Reserve is expected to continue with tapering.

Wild Card

S&P 500

There has been a lot of volatility when it has come to global indices in recent trading weeks. The S&P 500 has ended up making some losses, even though other indexes have climbed at time. The reality is that there are many risks when investing in American equities, which need to be taken into account each trading day. It may be that the S&P 500 will be able to make a bullish comeback this Thursday.

WHAT ARE BINARY OPTIONS ?

Easy and user friendly, allows you to choose an option direction

with a fixed return. This is a simple way to begin to learn to trade binary options. You have a managed risk so whether the price of your option will rise above the current rate when it expires or that it will fall below the current rate at the time of expiry. learn more about
binary option

WHAT IS LONGTERM ?

You can also take a long-range approach,

with long-term trading opportunities that include end of the month and even end of year expiries learn more about
Long Term

WHAT IS 30/60/120 SECONDS ?

Is a fast and lucrative way to make money

as you can make trades every minute. You can earn up to %70 profit returns on your investments. While it is not recommended to use this platform all the time many traders have been able to earn significant profits with 30/60/120 seconds when used appropriately. learn more about
60 seconds

WHAT IS ONE TOUCH ?

One Touch is a unique trading platform

that offers an all or nothing trading experience. This means that if your trade is in the money you win the entire payout but if your trade is out of the money you lose the amount you invested. learn more about
one touch

WHAT IS PAIRS ?

Pairs trade option is similar to a regular binary option

however instead of deciding on a direction the price will go you make your trade based on which asset will outperform the other in a given time frame. learn more about
pairs

What is Ladder?

You can now benefit from the market’s rate changes by deciding which rates to choose while analyzing your corresponding payouts at the same time.
Learn more about Ladder

Privacy & Security

Type of Trading Assets

Binary options trading involves significant risk. We strongly advise that you read our Terms & Conditions. Although the risk when trading binary options is fixed for each individual trade, the trades are live and it is possible to lose an initial investment, particularly if a trader chooses to place his entire investment to a single live trade. It is highly recommended that traders choose a proper money management strategy which limits the total consecutive trades or total outstanding investment.